BOLDstart Ventures is a New York-based, micro-VC fund that seeks to partner with and provide seed funding to bold entrepreneurs in the Internet, mobile, and cloud computing markets. Founded by Ed Sim in partnership with lead investor Penny Black, the firm actively works with entrepreneurs to help them become market leaders. Ed Sim has been leading first round investments for over 15 years and financed many leading enterprises like Greenplum (sold to EMC), GoToMyPC (sold to Citrix), 24/7 Media (public and sold to WPP Group), LivePerson (Nasdaq: LPSN), Answers.com (Nasdaq: ANSW), and Gizmo5 (sold to Google). BOLDstart seeks to invest $200k to $300k in companies primarily in New York, however is open to invest nationally.